Author: Bella Hayes
RADNOR, PA. – (NewMediaWire) – December 20, 2024 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against PACS Group, Inc. (PACS) (NYSE: PACS). The lawsuit is brought on behalf of investors who purchased or otherwise acquired PACS: 1) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the Registration Statement) issued in connection with PACS April 11, 2024 initial public offering (the IPO); and/or 2) securities between April 11, 2024 and November 5, 2024 inclusive (the Class Period). The lead plaintiff deadline…
New York, New York–(Newsfile Corp. – December 20, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Aehr Test Systems (NASDAQ: AEHR) between January 9, 2024 and March 24, 2024, both dates inclusive (the “Class Period”), of the important February 3, 2025 lead plaintiff deadline. SO WHAT: If you purchased Aehr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Aehr class action, go to https://rosenlegal.com/submit-form/?case_id=31986 or call Phillip…
Global GP LLC, the general partner of Global Partners LP (NYSE:), has made significant acquisitions of common units in the company. According to a recent filing, Global GP LLC purchased 6,000 common units over two days, with transactions occurring on December 19 and December 20, 2024. The timing is notable as the stock has experienced an 11.86% decline over the past week, according to InvestingPro data. The units were acquired at prices ranging from $47.76 to $48.67, resulting in a total investment of $289,290. These acquisitions were made to satisfy obligations under the Global Partners LP Long-Term Incentive Plan. After…
NewAmsterdam Pharma Co N.V. (NASDAQ:NAMS), a $2.35 billion market cap company that has delivered impressive returns of over 140% in the past year, has seen significant stock sales by Forbion funds, according to a recent SEC filing. The transactions, which took place on December 18 and 19, involved the sale of a total of 157,234 ordinary shares, amounting to approximately $4.07 million. According to InvestingPro analysis, the stock is currently trading near its 52-week high of $27.29, suggesting strong market confidence despite the insider sales. The shares were sold at prices ranging from $25.4452 to $26.5496. The sales were executed…
Horizon Space Acquisition I (HSPO) stock has reached an all-time high, touching $11.54, as investors rally behind the company’s promising outlook. According to InvestingPro analysis, the stock appears slightly overvalued at current levels, with a market capitalization of $89 million and a P/E ratio of 40.2. This milestone marks a significant achievement for HSPO, reflecting a robust 6.27% increase over the past year, with a notable 5.87% gain year-to-date. The ascent to this record price level underscores the market’s confidence in HSPO’s strategic direction and growth potential. Investors are closely monitoring the company’s performance, anticipating future developments that could further…
Investing.com — The dollar recently notched fresh year-to-date highs against its rivals and is likely to remain strong after the Federal Reserve leaned more hawkish at its recent December meeting, analysts from UBS said in a recent note. “While we still expect the dollar to fall, we now see less weakness in 2025 given these factors and adjust our forecasts slightly,” analysts from UBS said in a recent note. The less bearish view on the USD comes in the wake of the making fresh year-to-date highs in key exchange rates and the expectations for fewer U.S. rate cuts. “The USD has…
CHATTANOOGA, Tenn.—Jeffery V. Curry, Chief Legal Officer and Secretary of CBL & Associates Properties Inc. (NYSE:CBL), reported a recent sale of company stock. According to the SEC filing, Curry sold 50 shares of common stock on December 19 at a price of $29.86 per share, totaling approximately $1,493. Following this transaction, Curry holds 90,280 shares in the company. The filing also disclosed an additional transaction on December 20, where Curry disposed of 4,919 shares at a price of $31.12 per share, as part of a tax-related sale, resulting in a total value of $153,079. After these transactions, Curry’s total shareholding…
Ludwig David Van, President of a subsidiary of Heritage Global Inc. (NASDAQ:), recently sold 10,000 shares of the company’s common stock. The transaction, executed on December 18, 2024, was carried out as part of a pre-established 10b5-1 trading plan. According to InvestingPro analysis, Heritage Global maintains a “GREAT” financial health score, despite its shares declining about 27% over the past six months. The shares were sold at a weighted average price of $1.75, generating total proceeds of $17,500. Following the sale, Van retains ownership of 987,479 shares in Heritage Global. The sale was disclosed in a Form 4 filing with…
Baystreet.ca – Canada’s main stock index bounced back on Friday, though it seemed headed for its biggest weekly drop in more than a year, as investors fretted about the direction of global interest rates in the coming year, a possible U.S. government shutdown and slowing global economic growth. The popped 217.81 points by noon EST Friday to 24,631.75. The progressed 0.14 cents to 69.56 cents U.S. Health-care led the charge, with Tilray (TSX:) taking on five cents, or 3%, to $1.72, while Bausch Health (TSX:) Companies growing 26 cents, or 2.4%, to $10.90. In materials, First Quantum Minerals (TSX:) seized…
Mingzhu Logistics Holdings Ltd. (YGMZ) stock has reached a new 52-week low, trading at $0.86, marking a significant downturn for the company within the past year. The micro-cap company, currently valued at $6.14 million, has shown strong revenue growth of 40% in the last twelve months, despite maintaining thin gross profit margins of 3.45%. This latest price level reflects a stark contrast to the stock’s performance over the last 12 months, with Mingzhu Logistics experiencing a precipitous 1-year change of -77.02%. Investors are closely monitoring the stock as it navigates through this challenging period, with the 52-week low serving as…
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